The daily business briefing: January 17, 2019

Theresa May survives no-confidence vote after Brexit setback, Microsoft pledges $500 million for affordable housing in Seattle, and more

Satya Nadella on stage
(Image credit: Justin Sullivan/Getty Images)

1. Theresa May survives no-confidence vote after Brexit setback

British Prime Minister Theresa May narrowly survived a no-confidence vote called by opposition Labour Party leader Jeremy Corbyn on Wednesday, a day after the House of Commons overwhelmingly rejected her plan for Britain's exit from the European Union. It was the second attempt to oust her as prime minister in five weeks. Tuesday's rejection of May's plans left Brexit in chaos with just over two months to go before Britain is scheduled to leave the European trading bloc. "We have a responsibility to identify a way forward that can secure the backing of the House," May told Parliament. "I have proposed a series of meetings between senior parliamentarians and representatives of the government over the coming days."

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.